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The role of the AfCFTA in promoting a resilient recovery in Africa (ACET)

Within this context, the African Union’s Green Recovery Action Plan (GRAP) identifies several priorities for cooperation in the coming five years to support a resilient and green economic recovery. This plan is articulated within Agenda 2063 of African Union (AU), which aims to transform the economies of Africa by increasing intra-continental trade and investment, where […]

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Africa – The African Continental Free Trade Area and exchange rate misalignments (Brookings)

Francisco G. Carneiro and Ferdinand Owoundi African hopes are on the rise with the African Continental Free Trade Area (AfCFTA) that became effective on January 1, 2021.  

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(Africa) Connecting Countries and Cities for Regional Value Chain Integration: Operationalizing the AfCFTA (WEF)

On 1 January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA). This Regional Action Group for Africa report is part of a series investigating five priority pathways to drive economic recovery and build resilience in the context of the AfCFTA Agreement. It explores two priorities: first, unlocking manufacturing to mitigate global […]

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(AfCFTA) Figure of the week: Momentum in trade going into the AfCFTA era (Chris Heitzig and Aloysius Uche Ordu, Brookings)

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Perceptions of the AfCFTA among small enterprises in Nigeria (Payce Madden, Brookings)

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AfCFTA – African free trade bloc opens for business, but challenges remain (Joe Bavier, Reuters, WEF)

The African Continental Free Trade Area (AfCFTA) began on New Year’s Day 2021. It aims to bring continent-wide free trade to 1.3 billion people in an $3.4 trillion economic bloc. But challenges including poor road and rail links, political unrest, and excessive border bureaucracy will not disappear overnight. https://www.weforum.org/agenda/2021/01/african-free-trade-bloc-business-challenges/

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AFRICAN TRADE/AfCFTA – How the digitalization of African trade will help realise the AfCFTA (UNECA)

Participants at the 2020 edition of the African Economic Conference have been told that digitalization of trade across the continent can significantly boost free trade in Africa, helping to realize the objectives of the Africa Continental Free Trade Agreement (AfCFTA). The virtual 3-day event kicked off today in Addis Ababa. https://www.uneca.org/stories/how-digitalization-african-trade-will-help-realise-afcfta